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Revised Foreign Investment Policies May Hit The India E-tail Like Tons Of Bricks! [REPORT]

With India e-tail market bowled over with new foreign investment policies, brick and mortar retailers can be high on the hog! Apparently, CRISIL noted that with revised restrictions over equity ownerships in sellers, the supply chain needs to be altered in case of e-retailers. On a completely dramatic turn of events, this change in the e-retailing supply chain can...

Flipkart’s Overall Loss Up By 70% In FY18 Amid To Ongoing Spending War

Flipkart revenue loss
Flipkart India, the wholesale entity of the country’s largest online retailer is being given a raw deal! With a loss that accounts to a staggering nine-fold, the retailing giant owned by US-based Walmart Inc., had a tough financial year.According to regulatory filings of the two main entities that control the India business i.e., Flipkart India and Flipkart Internet, the...

Flipkart Big Billion Days Sale: Huge Discounts On Smartphones, Upto 62%

flipkart big billion days sale discount on smartphones
Yes, it is that time of the year again. Flipkart's 4-day festival, the Big Billion Days sale, is finally back again. Although competition for Flipkart has definitely increased in the e-commerce category in the recent years, the Big Billion days are treated with the same fanfare that they were on their first instance of occurring. And one of the major...

Amazon Great Indian Festival Offers: Free Screen Replacement For Smartphones And Much More

Amazon Great Indian Festival Offers
Amazon's Great Indian Festival is around the corner, and the company is leaving no stone unturned to make it more adorable. The company has announced a fleet of offers to woo online shoppers during the Great Indian Festival. Besides discount offers on smartphones, the best one if the free screen replacement for smartphones online shoppers would buy from Amazon India...

Flipkart Employees To Become Millionaires As Walmart To Buy ESOPs

Walmart buying Flipkart ESOPs
Flipkart employees are expected to strike gold through the deal of acquisition of the e-commerce giant by Walmart. Flipkart has recently allowed its employees - if they want - to sell their stocks to its parent company. The employee stock options present at their disposal had their valuation increased as a result of the deal. The increase in valuation...

Amazon Hindi Website Aims To Woo The Next Hundred Million Customers in India

Amazon Hindi website
The celebrated eCommerce Giant, Amazon India, today rolled out its first-ever service in Hindi, zeroing in on the next 100 million consumers in the Indian eCommerce space!As of now, this service is available on Android OS and it is yet to be rolled out on other Apple devices and desktops. This announcement comes ahead of the peak sales season,...

Flipkart Consistently Nudging Ahead of Amazon In Terms of Growth!

Flipkart sales growth
Seems like Walmart's acquisition of Flipkart is walking down the "high on the hog" street! Flipkart, which owns the fashion retailers, Myntra and Jabong, is inching closer towards the lofty perch of the market leader while Amazon.com Inc. (NASDAQ:AMZN) lags behind. This hints towards the fact that Flipkart might be gaining market share, and also at a faster pace, over...

Mobile Apps and eCommerce: A Match Made in Heaven

Mobile Apps and eCommerce
It’s said that matches are made in heaven, well I’ll pass on that. However, there is a match which is surely made in heaven; it’s of Mobile Apps and eCommerce. We have seen many things leading to considerable changes in the way we live our lives. If I were to make a list of it, the Mobile Apps and...

Flipkart Plus: Countering Amazon Prime By Rewarding Shoppers For Their Loyalty

Flipkart Plus
The Flipkart-Amazon rivalry in India is something every consumer is well acquainted with, and so is he acquainted with Flipkart’s constant efforts to allure its customers. Since the Flipkart-Walmart deal, the home-grown e-commerce giant is leaving no stones unturned in proving its mettle to its valuable customers – be it through great discounts, better deals or reasonable prices! Now,...

Online Shoppers in India Might Have To Bid Adieu To Heavy Discounts Soon!

online-shopping-india
People in India love to shop online for a lot of reasons, but the primary reason always remains the same – DISCOUNTS! Online stores are preferred because they offer comparatively competitive prices, jaw-dropping discounts with the items delivered to their doorstep. However, all of us might be disappointed very soon as the government in India is intending to tighten...

Why Flipkart, Amazon, Myntra And Other eCommerce Players Are Under Scanner of GST Council?

flipkart under gst council
Looks like all major eCommerce companies including Flipkart, Amazon and Myntra have encased themselves in the anti-profiteering watch-list!Last year GST council had cut the taxes on 178 products. In consonance with recent reports, eCommerce companies such as Amazon Inc. (NASDAQ:AMZN) and Myntra are likely to face an audit by tax authorities to check if they have passed on profits gained after the tax cut...

Paytm, Future Group And Flipkart To Make $100 Million Bet On Content To Take On Amazon

flipkart content business
The retail trio in India has planned a content war against e-commerce behemoth Amazon.com. The three major e-commerce and retail majors, which includes Paytm, Future Group and Flipkart, are all set to invest more than $100 million in producing and releasing entertainment content for their userbase. All these efforts are being made to give a stiff competition to Amazon...

Reliance Retail Emerges As a Threat to Flipkart And Amazon in India

reliance retail
Mukesh Ambani, The Chairman of India’s largest conglomerate, took everyone by surprise On September 5, 2016, when he launched Reliance Jio. The announcement changed the face of telecom forever. Since then it has been giving sleepless nights to all the telecom majors by providing free voice calls and dirt cheap 4G internet. Undoubtedly, Reliance Jio has managed to rupture...

Amazon Prime Day, Along With Launchpad Ushers in Some Good News For India!

Amazon Prime Day 2018
Amazon.com, Inc. (NASDAQ:AMZN) Prime Day Saga continues throwing confetti around, with its recent bulletin - Starting July 16 in India, 18 start-ups from Amazon Launchpad is showcasing about 25 products and services on the e-tailing platform!The recent press release by Amazon, claims that the red-lettered platform's annual shopping event is being held in 17 countries, including India and is providing...

Surprise! Amazon Prime Day In The Mainstream With Envy-Inducing Deals

Amazon Prime Day
Amazon's speck of a bulletin lands as a surprise! Amazon Prime Day is fast approaching, and although, the dates aren't official yet, this maybe leaked from sources that it starts at midday on July 16 and right through Prime Day itself on the 17. Inherently so, the company will be seen pushing its own in-house brands with time-sensitive deals and wish-inducing...

Reliance Jio’s First Giant Step To Capture The Lion’s Share of The India eCommerce Market

reliance jio ecommerce app
Reliance Jio doesn't seem like slowing down its pace anytime soon. Recently, the company made this move strong by placing its biggest bet - An expansion into eCommerce.As per exclusive reports, Reliance Jio has entered India’s e-commerce space with a dedicated app to serve Indian Kirana i.e., general stores. The Mukesh Ambani-led telecom company, making his move as an entrant, has already...

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